Super Hi International (NASDAQ:HDL) Sees Unusually-High Trading Volume – What’s Next?

Shares of Super Hi International Holding Ltd. (NASDAQ:HDL) saw unusually-strong trading volume on Friday . Approximately 33,340 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 30,124 shares.The stock last traded at $19.80 and had previously closed at $16.93.

Super Hi International Stock Performance

The business has a 50-day moving average of $16.86. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.44 and a quick ratio of 2.11.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HDL. XY Capital Ltd acquired a new stake in shares of Super Hi International during the 3rd quarter valued at $658,000. Ghisallo Capital Management LLC acquired a new stake in shares of Super Hi International during the second quarter valued at about $689,000. Hood River Capital Management LLC bought a new stake in shares of Super Hi International during the second quarter worth about $1,060,000. Finally, Millennium Management LLC bought a new stake in shares of Super Hi International during the second quarter worth about $4,704,000.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.